Market revenue in 2023 | USD 9,087.7 million |
Market revenue in 2030 | USD 36,889.1 million |
Growth rate | 22.2% (CAGR from 2023 to 2030) |
Largest segment | Tele-healthcare |
Fastest growing segment | Tele-Healthcare |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Tele-Healthcare, MHealth, Healthcare Analytics, Digital Health Systems |
Key market players worldwide | Epic Systems Corporation, Telefonica SA, AT&T, Airstrip Technologies, Quantum-Si Inc Ordinary Shares - Class A, Alphabet Inc Class C, Orange SA, SoftServe, Hims & Hers Health Inc Ordinary Shares - Class A, Computer Programs and Systems Inc. (CPSI), Vocera Communications, International Business Machines Corp, Cisco Systems Inc, Apple Inc, Oracle Corp, Veradigm Inc, McKesson Corp, Vodafone Group PLC, Qualcomm Inc, Samsung Electronics Co Ltd |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to digital health market will help companies and investors design strategic landscapes.
Tele-healthcare was the largest segment with a revenue share of 42.97% in 2023. Horizon Databook has segmented the Middle East & Africa digital health market based on tele-healthcare, mhealth, healthcare analytics, digital health systems covering the revenue growth of each sub-segment from 2018 to 2030.
Countries such as Saudi Arabia, Qatar, the UAE, Kuwait, and Oman in the Middle East are prospering. Advancements in healthcare systems are expected to bring digital health in action in these countries. On the contrary, some countries in Africa score low in digital Health readiness, i.e. they lack in proper healthcare infrastructure.
With the increasing penetration of smartphones, governments, entrepreneurs, & healthcare professionals are inclining more toward smartphones for better and healthier lifestyles. In addition, rising awareness among the people in the MEA has increased the potential for digital health apps in the market.
According to The Mobile Economy estimates, in 2020, there were approximately 394 million mobile subscribers, which is estimated to reach 458 million by 2025. Among these mobile subscribers, 264 million were mobile internet users in 2020, which is expected to reach 357 million by 2025.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa digital health market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa digital health market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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